Welcome to our dedicated page for Datasea Intelligent Technology SEC filings (Ticker: DTSS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Datasea Intelligent Technology Ltd. filings document the company's public-company structure, redomicile history and Nasdaq-listed Class A ordinary shares under DTSS. Recent reports cover the completed transition from Datasea Inc., a Nevada corporation, to a British Virgin Islands business company, including shareholder approval, share-conversion mechanics and the continuation of the company's business, management and assets.
The filing record also includes current reports, foreign-issuer reports and proxy materials addressing governance votes, material corporate events, capital-structure details and Nasdaq listing-compliance matters. These disclosures frame Datasea's operating focus on acoustic high-tech innovation and AI-powered multimodal digitalization within its formal reporting and corporate-status records.
Datasea Inc. is asking stockholders at an April 3, 2026 special meeting to approve a merger into its British Virgin Islands subsidiary, Datasea Intelligent Technology Ltd. (DIT). The Nevada company would disappear, with DIT surviving and continuing the same business, assets, liabilities and management.
Each share of Datasea common stock will convert into one DIT Class A ordinary share, except the 2,000,000 shares held by each of Zhixin Liu and Fu Liu, which will convert into 2,000,000 DIT Class B ordinary shares each. Datasea had 10,447,153 common shares outstanding on the March 4, 2026 record date.
The company estimates merger and redomiciling costs of about $62,310 and expects the merger to become effective around April 20, 2026, if approved, with DIT’s Class A shares listed on Nasdaq under the same symbol, “DTSS.” After the move, DIT expects to qualify as a foreign private issuer, which the company says should reduce long‑term reporting and compliance costs but may mean fewer shareholder rights, less frequent or less detailed disclosures, and more difficulty enforcing U.S. judgments compared with the current Nevada structure. U.S. holders are told they generally will not recognize gain or loss for federal income tax purposes on receiving DIT Class A shares, and DIT is expected to be treated as a U.S. corporation for tax purposes.
Datasea Inc. is asking stockholders to approve a reorganization in which it will merge into its wholly owned British Virgin Islands subsidiary, Datasea Intelligent Technology Ltd. (DIT). Each share of Datasea common stock will convert into one DIT Class A ordinary share, except that the 2,000,000 shares held by each of Zhixin Liu and Fu Liu will convert into 2,000,000 DIT Class B shares for each holder. The company expects day‑to‑day operations to remain largely unchanged, but DIT is expected to qualify as a foreign private issuer, which would reduce SEC reporting and may lower long‑term legal, administrative and accounting costs. The proxy highlights risks that shareholder rights and available information could be more limited under BVI law and foreign private issuer status. Estimated Merger and redomicile costs are about $62,310, most incurred before the vote.
Datasea Inc. reports sharply lower sales but a narrower loss. Quarterly revenue was $12.99M, down from $20.46M a year earlier, and six‑month revenue fell to $26.81M from $41.54M. Net loss improved to $0.54M for the quarter and $0.74M for six months, versus losses of $1.14M and $3.10M last year.
Operating cash flow turned positive at $1.54M, but cash on hand was only $0.67M against bank loans of $3.70M, all classified as current. Intangible assets rose to $5.30M after significant patent and software purchases, including deals with major shareholders paid in stock. Accumulated deficit reached $45.27M, and management states that recurring losses and funding needs raise “substantial doubt” about the company’s ability to continue as a going concern.
Datasea Inc. (DTSS) reported quarterly results for the three months ended September 30, 2025. Revenue was $13,813,551, down from $21,081,094 a year ago, while gross profit improved to $1,169,092 from $196,981 on lower costs and expenses. Net loss narrowed to $201,026 from $1,961,989, and basic/diluted loss per share was $0.02.
Operating cash flow turned positive at $879,299, ending cash was $745,264. Total assets rose to $7,691,360, driven by intangible assets at $4,613,692 following recent patent and software acquisitions. Total liabilities increased to $4,677,908, including bank loans payable of $3,096,193 (current $2,673,985; noncurrent $422,208). Stockholders’ equity was $3,013,452.
The company states that recurring losses raise “substantial doubt” about its ability to continue as a going concern. Management notes potential funding via strategic investors, offerings, or loans. Shares outstanding were 8,256,816 as of September 30, 2025.
Datasea, Inc. filed a Form S-8 to register 3,000,000 shares of common stock for issuance under its 2018 Equity Incentive Plan. The filing is made under Instruction E to register additional securities and becomes effective upon filing pursuant to Rule 462.
The plan, adopted in 2018, has been amended multiple times, increasing the shares reserved for issuance to 7,600,000 shares. As of the date of this registration statement, 5,944,150 shares were available for issuance under the plan. All share figures reflect the 1:15 reverse stock split effective January 19, 2024.
DATASEA Inc. (DTSS) is a holding company that conducts most operations through PRC subsidiaries and a VIE structure. The company reported 8,256,816 shares outstanding and an accumulated deficit of approximately $44.53 million as of June 30, 2025. Operating cash flow was negative about $2.37 million in fiscal 2025 (and $6.40 million in 2024), and management states recurring losses raise substantial doubt about the company’s ability to continue as a going concern.
The filing highlights large market opportunities in acoustic and smart-voice services: China acoustic components projected CAGR of 15.6% to over RMB46 billion by 2025, and smart voice services reached RMB28.5 billion in 2021 with 44% year-on-year growth. The company disclosed manufacturing and sales cooperation agreements, multiple credit lines and loans (many repaid during FY2025), capital raises including a $4.0 million registered offering closed September 2024, and a 1-for-15 reverse stock split effective January 19, 2024.